Crypto Broker Fined Nearly $1.7M for Illegally Providing Access to Digital Asset Exchanges

Crypto Broker Fined Nearly $1.7M for Illegally Providing Access to Digital Asset Exchanges


On May 13, the Commodity Futures Trading Commission announced it had fined crypto brokerage firm Falcon Labs Ltd. approximately $1.7 million. The fines are penalties for the firm’s illegal facilitation of U.S. residents’ access to digital asset derivative exchanges. The commission has urged digital asset intermediaries in similar situations to report their activities to the […]

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!